Guangxi Promote The Trade Between China And Asean

Vigorously promote the construction of a common market, the Guangxi into a base of China-ASEAN trade, which is China – ASEAN Free Trade Area between the two sides deepen cooperation and concrete manifestation of the inevitable demand. And Guangxi, China and ASEAN trade has become the base conditions. In recent years, trade between Guangxi and ASEAN accounted for Guangxi’s total foreign trade has gradually increased, from 25.9% in 2003 increased to 34.8% in 2009. ASEAN as Guangxi’s largest export market and the largest import market position has been further consolidated. Guangxi and the ASEAN market is highly complementary, mechanical and electrical products, agricultural products and textiles in Guangxi’s main exports to ASEAN. In 2009, export of electromechanical products in Guangxi to ASEAN accounted for 30.4% of exports. Imports of mineral products and agricultural products are the main products of Guangxi in 2009, together accounted for 86.5% of imports from ASEAN, including coal, iron ore, manganese ore, titanium sand, palm oil, fruits, cassava, timber and natural rubber, which some of the products China imports from ASEAN accounted for a larger share. Accelerating the transport and logistics infrastructure, also makes contacts in recent years, ASEAN through Guangxi Port rapid growth in the goods market, Guangxi, China and ASEAN is becoming a distribution center of goods. Exports to ASEAN through Guangxi Port of cars, clothing, fertilizer, steel, and imports from ASEAN coal, iron ore, palm oil, refined oil products grew rapidly. In the free trade area, led by construction of Guangxi and the ASEAN common market will greatly promote the growth and development of Guangxi’s economy, help to promote Guangxi’s open economy and the overall opening-up levels. Construction of Guangxi and the ASEAN common market, the basic idea is to China – ASEAN Free Trade Area, and mutual cancellation or reduction of tariffs and non-tariff barriers as an opportunity, through the expansion of bilateral trade between Guangxi and ASEAN to speed up the construction of the common market; by expanding the depth of the traditional ASEAN market, vigorously develop new ASEAN market, to achieve comprehensive development; expansion of processing trade, stability, border trade; encourage potential and market demand for products to enter both markets, optimize the structure of import and export commodities; training for the ASEAN market of business entities; steady progress in China – ASEAN trade bases. The overall objective is to strive to 2011-2015 the average annual trade volume between Guangxi and ASEAN increased by 25%, among the nation continued to import and export volume accounted for the proportion of trade between China and ASEAN to further improve. By 2020, strive to make Guangxi become an important distribution center of goods between China and ASEAN, and the completion of China exports to ASEAN’s important manufacturing base (china business), imports of vital resources and raw materials base in China and ASEAN commodity trading base in China and ASEAN businessmen gather and exchange Commodity exhibition base (china trade). From: china wholesale